> EY recruits 160 new staff members on 1 September 2011: an all-time record

EY recruits 160 new staff members on 1 September 2011: an all-time record

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Luxembourg, 15 September 2011

Supporting local markets and economies while continuing to invest in human capital, and to diversify its resources, is the ongoing challenge for EY Luxembourg, which announced the integration of 160 new staff members at its premises in Luxembourg on 1 September.

Not only young university graduates but also experienced professionals with assurance, advisory and tax backgrounds were invited to take part in an induction seminar before joining up with their European counterparts in a few days for an extensive training program in advisory, assurance and tax.

“First of all we are very proud to announce that we have recruited the highest number of young university graduates since the early days of EY in Luxembourg. This is a major investment for our office in Luxembourg and is the result of an increase in our activities, even during challenging economic times. These 160 new employees have varied and specific backgrounds, come from 18 countries and have been trained in the best universities and schools in Western Europe, such as France, Germany, Belgium, Italy and the United Kingdom, but also countries with a high growth potential for Luxembourg, like China, India, Russia and Brazil, or Eastern countries such as Poland, Ukraine and other Baltic states.

All the young university graduates who have joined our firm are evidence that we are serving our clients while adapting our recruitment to their needs and, on the other hand, to develop and increase opportunities for Luxembourg companies who want to do business in Eastern countries, China or in other emerging countries,” says Alain Kinsch, Country Managing Partner of EY Luxembourg.

Today, EY Luxembourg employs more than 940 professionals of 44 nationalities who are specialized by business line but also by industry sector. “Our strong industry specialization is a cornerstone of our strategy and a real differentiator,” says Olivier Lemaire, the new People Partner of EY Luxembourg.

“Being part of the EMEIA (Europe, Middle East, India and Africa) network with currently 67,700 employees in 93 countries exchanging and sharing their know-how and experience on a daily basis affirmed its effectiveness. Through our integrated structure, we are committed to preserving the diversity of our talents while fostering the best people culture in our profession,” adds Daniela Binda, the new Human Resources Director at EY Luxembourg.

“Through our globally integrated firm, we are able to offer our talents a truly unique international perspective; they will act as ambassadors for Luxembourg while they are abroad and will return to our national economy with the skills and knowledge they acquired while working in other leading financial or commercial centers. What might seem to be a contradiction is in fact a real advantage for our people, our clients, and the markets and local economies in which we work. Henceforth, we are committed to remaining the most Luxembourgish firm and, at the same time, the firm with the strongest European and Global integration,” adds Alain Kinsch.

With about one third of Luxembourgish nationals in the partnership and by far the largest percentage of Luxembourgish staff in its profession, EY still intends to attract talents from all horizons in Luxembourg.

“Preserving our local firepower goes along with our will to strengthen our recruitment process of young graduates and experienced professionals from all over the world. Sustaining attractiveness can only be achieved by attracting and retaining the best talents,” concludes Alain Kinsch.

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